Free stock-trading app maker Robinhood Market Inc. has raised $200 million in new funding on an $11.2 billion valuation amid continuing reports that the company is planning an initial public offering in the coming months. The Series G round was led by D1 Capital Partners with a valuation significantly higher than the $8.6 billion valuation given ...

The battle between Fortnite maker Epic Games Ltd. and Apple Inc. continues to heat up as Apple threatens to remove Epic’s access to its developer tools within two weeks if Epic does not comply with its payment policies. The row between the two companies started Aug. 13 after Epic Games allowed players to purchase in-game ...

Chinese self-driving car startup AutoX Inc., a company that also has a presence in Silicon Valley, has launched a publicly available robotaxi ride-hailing service in Shanghai. The service is initially available in Shanghai’s Jiading District, with a population of 1.47 million people. It can be booked through Alibaba Group Holdings Ltd.’s AutoNavi smartphone app or through the ...

The U.S. Department of Justice today announced that it has seized millions of dollars worth in bitcoin tied to Middle Eastern terrorist groups. The seizure follows a joint operation of the U.S. Department of Homeland Security, the Federal Bureau of Investigation and the Internal Revenue Service that targeted accounts with funds used for terrorist activities. The over 300 ...

The U.S. National Security Agency and Federal Bureau of Investigation today issued a joint cybersecurity advisory warning on a previously undisclosed form of Russian malware. Dubbed “Drovorub,” the Linux malware is believed to have originated with the Russian General Staff Main Intelligence Directorate 85th Main Special Service Center military unit 26165, commonly known in the security ...

Now patched vulnerabilities in servers used by Amazon.com Inc.’s Alexa smart home devices could have been exploited to obtain the personal information of users, including voice recordings. Detailed today by security researchers at Check Point Software Technologies Ltd., the vulnerabilities relate to several subdomains relating to Alexa web services. The domains were found to be vulnerable ...

Updated: Epic Games Ltd. is taking legal action following the removal of the mobile version of Fortnite from the Apple App Store and Google Play after the company decided to offer in-app payments. Fortnite, the world’s popular computer game is free to play, but users of the game can buy customization items such as outfits, “emotes” or ...

Proving that no one is safe from cyberattacks, cybersecurity training and certification services provider SANS Institute has suffered a data breach with the records of some 28,000 customers stolen. The breach involved a phishing attack on an employee that involved a malicious Officer 365 attachment. The attachment set up a forwarding rule from the employee’s inbox ...

Cryptocurrency exchange Coinbase Inc. is entering the lending market with an option for some U.S. customers to borrow money against their bitcoin holdings. The loans will allow customers to borrow as much as 30% in cash against their bitcoin holdings on the exchange, up to $20,000 per customer. Interest on the loans will be charged ...

Lyft Inc. narrowly beat analysts’ predictions in its second quarter even as the company’s revenue was hammered by the ongoing COVID-19 pandemic. For the quarter ended June 30, Lyft reported revenue of $339.3 million, down 61% from the second quarter of 2019. Analysts had been predicting $336.8 million. Net loss in the quarter came in at $437.1 ...